1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 2nd floor · completed 2017

216, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 30 August 2025

Last soldAED 820K29 October 2015

Current rentAED 62K /yr30 August 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 216, Glitz Residence 3 Tower 1

Today

What is 216 worth today?

Last sold for AED 820,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Aug 2025

30 Aug 2025RentedRenewal

AED 62,000/yr12 months · AED 84 per sqft

30 Aug 2024

30 Aug 2024RentedNew contract

AED 62,000/yr12 months · AED 84 per sqft

12 Aug 2023

12 Aug 2023RentedRenewal

AED 44,000/yr12 months · AED 60 per sqft

12 Aug 2022

12 Aug 2022RentedNew contract

AED 40,000/yr12 months · AED 54 per sqft

5 Oct 2021

5 Oct 2021RentedRenewal

AED 31,500/yr8 months · AED 43 per sqft

5 Oct 2020

5 Oct 2020RentedNew contract

AED 51,000/yr12 months · AED 69 per sqft

5 Oct 2019

5 Oct 2019RentedRenewal

AED 51,000/yr12 months · AED 69 per sqft

29 Oct 2015

29 Oct 2015Sold by developerOff-plan

AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 30 August 2025.

Key facts

Type: 1-bed apartment
Size: 739 sqft
Floor: 2nd of 8
Parking: G-13
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 11,600 /yr
Last sold: AED 820K · October 2015
Building: Glitz Residence 3 Tower 1

About 216, Glitz Residence 3 Tower 1

216 is a one-bedroom apartment of 739 sqft on the 2nd floor of Glitz Residence 3 Tower 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 29 October 2015 for AED 820,000, or AED 1,109 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 30 August 2025, is AED 62,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 216 over time

Sales

Unit 216, each saleTypical one-bed in Glitz Residence 3 Tower 1

216 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 216, each contractTypical one-bed in Glitz Residence 3 Tower 1

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Glitz Residence 3 Tower 1, and where 216 sits

All 75 1-beds →

1-beds in Glitz Residence 3 Tower 1 · last 12 months1,101 /sqft Glitz Residence 3 Tower 1 · all types960 /sqft

216 last sold in October 2015 at AED 1,109 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,109). Over the last 12 months one-beds sold for AED 770,000 to 780,000, around AED 1,101 per sqft, and rent for AED 52,800 to 63,000 a year. 216's AED 62,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Dec 202519 December 2025	739 sqft	770,000	1,042
14 Jul 202514 July 2025	672 sqft	743,000	1,105
4 Jul 20254 July 2025	739 sqft	710,000	960
18 Jun 202518 June 2025	672 sqft	735,000	1,093

2 1-bed sales in the last 12 months

Glitz Residence 3 Tower 1

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 6 sold in the last 12 months.

Typical price per sqft: AED 960
Typical sale: AED 1.08M
Typical rent: AED 63K /yr
Typical yield: 8.1%

Glitz Residence 3 Tower 1, Dubai Studio City: prices, sales and rents →

Other units on the 2nd floor

All 176 units in Glitz Residence 3 Tower 1


201	3-bed	1,354 sqft	AED 1.33MAED 1,328,000 · Sep 2015September 2015	105,000 /yr
202	Studio	443 sqft	AED 310KAED 310,000 · Nov 2021November 2021	48,000 /yr
203	1-bed	743 sqft	AED 570KAED 570,000 · Feb 2024February 2024	45,150 /yr
204	2-bed	1,293 sqft	AED 1.25MAED 1,250,000 · Sep 2015September 2015
205	2-bed	1,152 sqft	AED 1.06MAED 1,060,000 · Jan 2026January 2026	90,000 /yr
206	1-bed	739 sqft	AED 820KAED 820,000 · Oct 2015October 2015	57,750 /yr
207	1-bed	739 sqft	AED 680KAED 680,000 · Oct 2024October 2024	63,000 /yr
208	1-bed	672 sqft	AED 743KAED 743,000 · Jul 2025July 2025	60,000 /yr
209	2-bed	1,242 sqft	AED 994KAED 993,600 · Dec 2016December 2016	83,000 /yr
210	1-bed	779 sqft	AED 845KAED 845,000 · Jul 2016July 2016	60,000 /yr
211	2-bed	1,162 sqft	AED 1.1MAED 1,095,000 · Jul 2015July 2015	65,000 /yr
212	2-bed	1,161 sqft	AED 850KAED 850,000 · Oct 2023October 2023	50,000 /yr
213	3-bed	1,350 sqft	AED 1.35MAED 1,350,000 · Sep 2015September 2015	86,000 /yr
214	1-bed	820 sqft	AED 625KAED 625,000 · Jan 2024January 2024	43,500 /yr
215	1-bed	673 sqft	AED 680KAED 680,000 · Feb 2025February 2025	50,917 /yr
217	1-bed	739 sqft	AED 770KAED 770,000 · Dec 2025December 2025	50,820 /yr
218	1-bed	672 sqft	AED 700KAED 700,000 · Feb 2025February 2025
219	Studio	433 sqft	AED 475KAED 475,000 · Sep 2015September 2015	43,000 /yr
220	2-bed	1,150 sqft	AED 1.09MAED 1,085,000 · Jul 2015July 2015	90,000 /yr
221	2-bed	1,134 sqft	AED 1.08MAED 1,075,000 · Jul 2015July 2015	75,000 /yr
222	2-bed	1,166 sqft	AED 1.16MAED 1,160,000 · Sep 2015September 2015

1–7 of 21

216, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 29 October 2015 for AED 820,000, or AED 1,109 per sqft.
Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 51,000 to AED 31,500 in 2021 and recovered to AED 62,000 by August 2025.
At AED 62,000 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
One-beds in Glitz Residence 3 Tower 1 sold for AED 770,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 960 per sqft.

Source: Dubai Land Department. Updated 30 August 2025.

Questions about 216, Glitz Residence 3 Tower 1

What did unit 216 last sell for?

AED 820,000 on 29 October 2015, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 62,000 a year on the contract renewed on 30 August 2025. The previous contract, from August 2024, was AED 62,000; the unit has been rented since October 2019.

How big is unit 216?

739 sqft (68.7 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 3 Tower 1 sold for AED 770,000 to 780,000 in the last 12 months, around AED 1,101 per sqft.

Selling 216? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 216, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 820K, 29 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 820,000
Deposit, UAE resident (20%): AED 164,000
Deposit, non-resident (40%): AED 328,000
Monthly over 25 years at 3.7%: AED 3,355

Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →